See more : Optics Technology Holding Co.,Ltd (300489.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of Hesai Group (HSAI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hesai Group, a leading company in the Auto – Parts industry within the Consumer Cyclical sector.
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Hesai Group (HSAI)
About Hesai Group
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is based in Shanghai, China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 1.88B | 1.20B | 720.77M | 415.51M | 348.08M |
| Cost of Revenue | 1.22B | 730.68M | 338.97M | 176.60M | 103.38M |
| Gross Profit | 661.38M | 471.99M | 381.80M | 238.91M | 244.71M |
| Gross Profit Ratio | 35.24% | 39.24% | 52.97% | 57.50% | 70.30% |
| Research & Development | 790.55M | 555.18M | 368.44M | 229.65M | 149.82M |
| General & Administrative | 320.14M | 201.01M | 236.71M | 76.55M | 55.11M |
| Selling & Marketing | 148.80M | 104.84M | 69.27M | 49.90M | 38.74M |
| SG&A | 468.94M | 305.84M | 305.98M | 126.46M | 93.85M |
| Other Expenses | -26.52M | -10.82M | -27.33M | -15.38M | -11.01M |
| Operating Expenses | 1.23B | 850.20M | 647.08M | 340.73M | 232.66M |
| Cost & Expenses | 2.45B | 1.58B | 986.05M | 517.33M | 336.04M |
| Interest Income | 99.81M | 58.73M | 32.58M | 20.93M | 19.11M |
| Interest Expense | 3.07M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 86.27M | 53.63M | 28.23M | 19.22M | 9.72M |
| EBITDA | -385.93M | -247.15M | -217.63M | -82.60M | 21.77M |
| EBITDA Ratio | -20.56% | -33.18% | -31.05% | -13.69% | 49.49% |
| Operating Income | -571.59M | -378.22M | -265.29M | -101.81M | 162.53M |
| Operating Income Ratio | -30.45% | -31.45% | -36.81% | -24.50% | 46.69% |
| Total Other Income/Expenses | 96.28M | 77.39M | 19.34M | -5.60M | 28.76M |
| Income Before Tax | -475.31M | -300.83M | -245.94M | -107.42M | -119.29M |
| Income Before Tax Ratio | -25.32% | -25.01% | -34.12% | -25.85% | -34.27% |
| Income Tax Expense | 658.00K | -66.00K | -1.12M | -199.00K | 930.00K |
| Net Income | -475.97M | -300.77M | -244.83M | -107.22M | -120.22M |
| Net Income Ratio | -25.36% | -25.01% | -33.97% | -25.80% | -34.54% |
| EPS | -3.81 | -2.40 | -1.95 | -0.85 | -0.96 |
| EPS Diluted | -3.81 | -2.40 | -1.95 | -0.85 | -0.96 |
| Weighted Avg Shares Out | 124.78M | 125.53M | 125.53M | 125.53M | 125.53M |
| Weighted Avg Shares Out (Dil) | 124.78M | 125.53M | 125.53M | 125.53M | 125.53M |
Hesai Announces Exclusive Lidar Design Win for Multiple Great Wall Motor Models
SHANGHAI , Dec. 6, 2024 /PRNewswire/ -- Today, Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced an exclusive series production design win with Great Wall Motor, covering several models across its two brands. These models will feature Hesai's...
Green Stock News for December 5, 2024: $AMBA $CLNE $HSAI $BEEM
Welcome to the green stock news brief for Wednesday, December 5th. Here are today's top headlines: Ambarella (NASDAQ: AMBA) and LG Electronics have partnered to showcase an advanced Driver Monitoring System (DMS) at CES 2025.
Hesai to Exclusively Supply 1.5 Million Lidar Units to Changan Automobile for Multiple Car Brands
SHANGHAI , Dec. 5, 2024 /PRNewswire/ -- Hesai (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Changan Automobile's new intelligent driving platform. The order volume...
Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in...
Hesai Group (HSAI) Q3 2024 Earnings Call Transcript
Hesai Group (NASDAQ:HSAI ) Q3 2024 Results Conference Call November 25, 2024 8:00 PM ET Company Participants Yuanting Shi - Investor Relations David Li - Co-Founder & CEO Andrew Fan - CFO Conference Call Participants Cindy Huang - Morgan Stanley...
Hesai Group Reports Third Quarter 2024 Unaudited Financial Results
Quarterly net revenues were RMB539.4 million (US$76.9 million) 1 Quarterly lidar shipments were 134,208 units
Hesai Group to Report Third Quarter 2024 Financial Results on Monday, November 25, 2024
SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its third quarter 2024 unaudited financial...
China's Hesai to sue Pentagon after being reinstated to blacklist, FT reports
Chinese lidar manufacturer Hesai plans to sue the U.S. government after the Pentagon reinstated the company on its blacklist of Chinese firms linked to the military, Financial Times reported on Thursday, citing co-founder David Li.
Hesai Technology Announced as Exclusive Lidar Provider for Leapmotor's Next-Generation Vehicle Platform
PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Leapmotor's next-generation vehicle platform.
Pentagon removes lidar maker Hesai from US list of firms alleged to help Beijing's military
The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing's military, according to a letter sent to Congress.
Source: https://incomestatements.info
Category: Stock Reports